USDCAD short scenario OIL FLOW
Updated
Technically facing supply and sellers entering since downward arrow.
Fundamentally, the CAD is due to gain back some value as oil beings to recover.
DXY being squeezed into the 100s.
Fundamentally, the CAD is due to gain back some value as oil beings to recover.
DXY being squeezed into the 100s.
Trade closed: target reached
Target reached - did not get the expected pullback to resistance but supply ended up being enough to drop price.
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